Content from Russ Banham
Russ Banham is a Pulitzer-nominated business journalist and author of 24 books.
The Aftershocks of the Guy Carpenter-JLT Re Alignment
Now that the dust has settled following the historic merger of giant broker Marsh and Jardine Lloyd Thompson, the transaction's impact on the two firms' reinsurance broking units, Guy Carpenter and ...
Parametric Insurance Takes Off
Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...
Putting Insurer Innovation Under the Rating Agency Microscope
Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement by A.M. Best that it may soon begin scoring insurers' innovation efforts. ...
Visions of Commercial Transportation: The Future of Commercial Auto Insurance Is Here
For several years now, the commercial auto segment has been among the property/casualty insurance industry's worst performing lines. Wounded by a sharp uptick in claims frequency and severity and ...
Predictive Analytics in Practice: Carrier Executives Talk ROI
Back in April, A.M. Best cited the use of predictive analytics by carriers as a factor in improved bottom lines and balanced underwriting cycles. But exactly how are property/casualty underwriting ...
Prejudice and Pride on the Road to the C-Suite: The Story of XL Catlin’s CDO
Math has been the one constant in Henna Karna's life. The chief data officer of XL Catlin today heads up the data and digital transformation team at the global property/casualty insurer and ...
Extraordinary Re’s Extraordinary Idea
Imagine there's a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel ...Liquid Gold
One of Extraordinary Re's many innovations is a patented technology process that transforms each reinsurance contract assumed on its trading platform into what are called "liquid insurance ...